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Litigation

: Point of Law

"Redlining" and the subprime bubble, cont'd

By Walter Olson

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A failure of the free market? Not exactly (via Bader, emphasis added): Internal documents show that even late in the housing bubble, [federal-government-sponsored] Fannie Mae was drawn to risky loans by a variety of temptations, including the desire to increase...

Full post as published by Point of Law on August 20, 2008 (boomark / email).

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Goldman Sachs
Agrees $60 Million Subprime Settlement in Massachusetts

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